Home / Knowledge / News / Textiles / Cotton yarn futures trading begins in China's Zhengzhou
Cotton yarn futures trading begins in China's Zhengzhou
22
Aug '17
Cotton yarn futures trading recently began on the Zhengzhou Commodity Exchange (ZCE) in the Henan province of China. This is the first commodity futures contracts launched in China since 2016 and will help investors mitigate price volatility risks by obligating them to buy or sell cotton yarn at a predetermined price at a specific time.

China's securities regulator had in July approved the launch of cotton yarn futures on the ZCE. The profit and cost of textile and apparel companies are directly affected by fluctuations in cotton yarn prices.

Cotton yarn futures, cotton futures and purified terephthalic acid (PTA) futures have formed a somewhat complete futures system for textile raw materials, a Chinese news agency quoted ZCE director Chen Huaping as saying.

The ZCE has launched 17 types of futures and one variety of options, covering chemical engineering, energy, agriculture and building materials.

China has been developing its commodity derivatives market and plans to gradually open it up to foreign investors. In April, the country had launched white sugar options, the second commodity options after soybean meal.

Large and frequent fluctuations in cotton yarn prices have had negative impacts on related industries in the last few years, the China Securities Regulatory Commission (CSRC) had said some time back. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Last-minute changes in USMCA keeps lid on e-com

Textiles | On 18th Oct 2018

Last-minute changes in USMCA keeps lid on e-com

Eleventh hour changes to a new trade deal torpedoed US hopes of...

Courtesy: Haggar

Apparel/Garments | On 18th Oct 2018

Haggar uses Repreve fibre made of recycled water bottles

Haggar, a US based apparel brand established in 1926, has recycled...

Courtesy: Pexels

Apparel/Garments | On 18th Oct 2018

Myanmar’s CMP garment export earnings $2.2 bn in Apr-Sept

In the six-month April -September mini budget this year, earnings...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek, Kannbar

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Top executives, Textile industry

Top executives
Textile industry

The foremost issue is bridging the skill gap

Asim Dalal, Indo Count Retail Ventures

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Yash Jain & Sanjeev Jain,

Yash Jain & Sanjeev Jain

Divyam Export, launched about 30 years ago, exports to 15 countries,...

Abhishek Pachauri,

Abhishek Pachauri

Reckon Industries is into manufacturing of textile process house machines, ...

Franco Ravazzi,

Franco Ravazzi

Italy-based Tessimenti E Orditi Tinti (T.O.T SRL) specialises in stocking...

Kazuaki Yazawa, Purdue University

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Silke Brand-Kirsch, Schlegel und Partner GmbH

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Johan Berlin, InvestKonsult Sweden AB

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Anisha Chaudhari, Threads & Shirts

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Pranav Mishra, Huemn

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search